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Loft-Style Retail Space on North Avenue
For Sale
$1,200,000

2542 W North Ave, Chicago, IL 60647

Versatile retail space with high visibility and loft character.

Property SizeContact for details
Days on Market224

Property Features for 2542 W North Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $50,779
Listing Agency: Sperry Van Ness
Listed By: Angelo Labriola · License #475130926
Source: Exprealty
Added: Jan 9 Changed: Aug 20 Last Checked: Aug 20 at 9:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness

Investment Insights

Based on property information with market context.

This loft-style, street-level retail space is available for sale, presenting a versatile opportunity for owner-users and investors. The property features approximately 60 feet of street frontage on North Avenue, providing visibility, signage presence, and branding exposure in a high-traffic area. Floor-to-ceiling storefront windows allow natural light to fill the interior, accentuating the loft character with exposed brick walls and high wood-beam ceilings. The layout is suitable for retail, showroom, creative, or service-oriented uses and can be subdivided to accommodate multiple users. The property includes basement storage and a common rooftop outdoor area. Two dedicated parking spaces are included.

Key Highlights

  • Exceptional visibility with approximately 60 feet of street frontage on North Avenue.
  • Versatile space suitable for retail, showroom, creative, or service‑oriented businesses, available for lease or sale.
  • Authentic loft character with exposed brick walls, high wood‑beam ceilings, and floor‑to‑ceiling storefront windows.

Property Analytics

Current Use

Mally Jennifer Counselor Community Counseling Centers ... Crisis Center Rachel Ourada Foster Care Service Diana Jean-Louis, LCSW Foster Care Service Denise K. Netko, ... Physician

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store HVAC Service Clothing & Fashion Store Home Appliance Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,628
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile retail space with high visibility and loft character.
Where is this retail space located?
The property is located at 2542 W North Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Exceptional visibility with approximately 60 feet of street frontage on North Avenue.; Versatile space suitable for retail, showroom, creative, or service‑oriented businesses, available for lease or sale.; Authentic loft character with exposed brick walls, high wood‑beam ceilings, and floor‑to‑ceiling storefront windows.
More about this property
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